£132,528
This estimated value is based upon the latest sale price for the house of £24,000 on 11 Sep 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cross Road
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| Price Paid | Date |
|---|---|
| £24,000 | 11 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in September 1996 the House Price Index for WEST MIDLANDS was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £24,000 results in an estimated price of approximately £132,528.
| 11 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 148.6 | 452.201 % | £24,000 | £108,528 | £132,528 |
The Postcode Pricing Model uses changes in average sales price within the CV6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 403.359 % | £96,806 | £120,806 |
| 3 Month Average | 435.437 % | £104,504 | £128,504 |
| 6 Month Average | 443.897 % | £106,535 | £130,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £106,360 | £105,000 | 76 ELD ROAD |
| 8 Jul 2022 | £155,418 | £155,000 | 193 CROSS ROAD |
| 6 May 2022 | £137,593 | £135,000 | 93 PRINCESS STREET |
| 13 Jan 2022 | £102,610 | £97,500 | 65 PRINCESS STREET |
| 5 Nov 2021 | £129,782 | £120,000 | 174 CROSS ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 16 Oct 2018. Using an estimated price of £132,528 means this house is valued at £1,204 per sq meter (£111 per sq foot).
The average size of a house on CROSS ROAD is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cross Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cross Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Cross Road |